[MLB-WIRELESS] Full, secure payment handling for TIB?

[rick]

i never plan on getting a credit card so i wouldnt partake in anything that
wouldnt let me send teh money to them DD, and i think people that only are
willing to accept one method of payment are dodgy

its like them people on ebay who only accept cheques

----- Original Message -----
From: <fenn_b at smktech.com.au>
To: "''Melbwireless (E-mail)'" <melbwireless at wireless.org.au>
Sent: Wednesday, May 08, 2002 12:47 PM
Subject: [MLB-WIRELESS] Full, secure payment handling for TIB?


> Hi All,
>
> I have been investigation some options for an automated payment system
> for TIB and have stumbled across  http://www.paypal.com/. It is free to
> use and would allow organisers to receive payments directly to their
> account ($1.50 withdrawal fee to Australian bank accounts once offer is
> over). However, there are some pro's/cons:
>
> Pros:
>  - Receipted transaction handling - Payments could be automatically
> reconciled within TIB without manual work from the offer organiser
> (paypal has a simple CGI scripting interface)
>  - Signup is free
>  - No "commission" is taken by paypal (for personal accounts)
>  - Netbank not required
>  - They are well respected and "secure" (Used a lot on eBay, 15Million
> members/etc)
>  - Payment goes directly to offer organiser (no middle man)
>
> Cons:
>  - Credit/Debit card is required (as far as I can tell)
>  - CC number is stored on Paypals system
>  - Third party point-of-failure introduced
>
> Have a read of their site and check out the details (I may have missed
> something).
>
> What are peoples thoughts on this?
>
> Regards,
>
> Fenn.
>
>
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